The Nigerian inventory market closed the week ended June 20, 2025, solidly within the inexperienced, because the All-Share Index (ASI) rallied by a whopping 2,708.68 factors, fueled by robust positive factors in SEPLAT, MTN, and GTCO.
This displays a 2.35% week-to-date improve, with the index rising from 115,429.54 to 118,138.22, marking a four-week bullish streak.
The rally was accompanied by a big rise in market exercise, as buying and selling quantity soared to three.5 billion shares, up by 73.9% from the earlier week’s 2.05 billion shares.
Market capitalization additionally mirrored the upward momentum in each worth and quantity, rising to N74.5 trillion from N72.7 trillion within the prior week.
The Nigerian inventory market began the week on a adverse notice, because the All-Share Index fell on Monday because of losses within the banking sector following the CBN’s stricter forbearance measures. The decline continued into Tuesday.
By midweek, sentiment had shifted. Banking shares rebounded strongly, sparking a rally.
Throughout the week, the market broke previous the 116,000, 117,000, and 118,000 ranges—signaling robust upward momentum.
The NGX Premium Index led the cost, leaping 3.24% on the again of sharp positive factors in SEPLAT (+9.78%) and MTN Nigeria (+9.51%).
The NGX 30 Index superior by 2.33%, whereas the NGX Predominant Board Index additionally posted a robust efficiency, rising by 1.89%.
Main the cost amongst gainers was ELLAH LAKES PLC, which climbed 23.09% week-to-date, adopted by BETA GLASS PLC, up 19.43%. Different notable gainers included:
On the losers’ desk, NORTHERN NIGERIA FLOUR MILLS PLC led with a 17.19% week-to-date decline, adopted by SUNU ASSURANCES NIGERIA PLC, down 12.81%. Different notable losers included:
It was an eventful week on the company entrance, with a flurry of bulletins that stored buyers engaged:
Sterling Bank additionally unveiled its Q1 2025 outcomes.
Regardless of a shaky begin to the week, marked by weak spot in banking shares, the All-Share Index managed to shut above the 118,000 mark, pushed by a robust rebound within the banking sector and sustained curiosity in choose large-cap equities.
If the shopping for momentum continues, notably in mid- and large-cap shares, the market might preserve its upward trajectory within the coming periods, with the 120,000 degree now showing inside attain.
